Economics Thread

zbhargrove said:
I’m still trying to figure out how Lutnick, Pam, and Patel have jobs
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Pam and Patel get paid/not killed for protecting the Epstein crowd.

Lutnick gets to do things like this and get ahead of the market so long as Trump gets a cut of it.

Meanwhile they don't have to do anything but watch as people like thethe already have their defense and moves defended and laid out.
 
thethe said:
Its a detour for nothing.
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Trump's next move is to use Section 122 of the 1974 Trade Act, which allows him to implement a maximum 15% tariff for a maximum of 150 days, based on an "emergency" balance-of-payments deficit. After 150 days, Congress must vote to extend the tariffs. Maybe Congress actually does its job and votes yea or nea. Maybe after 150 days, Congress refuses to act (or votes no), Trump unilaterally declares another emergency, and the 150 day clock restarts. Hopefully in that case, he'd be taken to court and lose.

Whatever the outcome, this is still FAR preferable to Trump's illegal use of IEPPA. It's much narrower and sets clear limits. There's no danger of a future lefty President using it as precedent for an unrelated pursuit. There's a reason why Trump tried for the broad, limitless power first. Thankfully SCOTUS did its job.

Process matters, rule of law matters, the "detour" matters.
 
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It’s super cool how Mike Johnson could just put a stop to this by voting on these things and letting the American public decide via their local representative to Congress.
 
mqt said:
It’s super cool how Mike Johnson could just put a stop to this by voting on these things and letting the American public decide via their local representative to Congress.
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Just how much of the filibuster do you want eroded? I’m no fan of Trump ruling by EO and emergency powers, but let’s not pretend anything acceptable to his platform would have made it through the Senate, even with every Republican and a few Democrats voting for it.

Both sides have been playing an idiotic game of chicken since Pelosi took over as Speaker of the House. Nothing is done for the betterment of the country or the will of the voters, it’s all about how to torpedo the other party. We were a Manchin and Sinema away from the party who can’t define a woman having full control for decades. Now we’ve heard however many years of warnings that Trump will seize power and there won’t be any more elections. When that doesn’t happen, the party who believes releasing violent criminals with rap sheets longer than my leg is a good thing will undoubtedly seize that full control because they worried themselves so badly that Trump would. Meanwhile, the people who vote for that party will continue to call their political opponents fascists.

Late stage republic. The only question now is who will have the balls to seize power before the other side can. I’m guessing it will be the side that treats their ideology like a religion, and that they don’t have any idea what kind of box that will open.
 
Jaw said:
Just how much of the filibuster do you want eroded? I’m no fan of Trump ruling by EO and emergency powers, but let’s not pretend anything acceptable to his platform would have made it through the Senate, even with every Republican and a few Democrats voting for it.

Both sides have been playing an idiotic game of chicken since Pelosi took over as Speaker of the House. Nothing is done for the betterment of the country or the will of the voters, it’s all about how to torpedo the other party. We were a Manchin and Sinema away from the party who can’t define a woman having full control for decades. Now we’ve heard however many years of warnings that Trump will seize power and there won’t be any more elections. When that doesn’t happen, the party who believes releasing violent criminals with rap sheets longer than my leg is a good thing will undoubtedly seize that full control because they worried themselves so badly that Trump would. Meanwhile, the people who vote for that party will continue to call their political opponents fascists.

Late stage republic. The only question now is who will have the balls to seize power before the other side can. I’m guessing it will be the side that treats their ideology like a religion, and that they don’t have any idea what kind of box that will open.
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I think what frustrates me most is that the only “radical” ideas I seem to see are governing from the margins through complicated executive action and convoluted “appropriations” bills rather than the radical idea of bipartisan compromise. Why can’t a group of Senators and House members just work independent of their caucuses for legislation that might impact their constituents? Why do we have to accept that’s not possible and instead let one guy run the show?
 
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mqt said:
I think what frustrates me most is that the only “radical” ideas I seem to see are governing from the margins through complicated executive action and convoluted “appropriations” bills rather than the radical idea of bipartisan compromise. Why can’t a group of Senators and House members just work independent of their caucuses for legislation that might impact their constituents? Why do we have to accept that’s not possible and instead let one guy run the show?
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What part of the democratic agenda/policy is working?
 
sturg33 said:
What part of the democratic agenda/policy is working?
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Like I get that thethe is crazy but he is not afraid of this question

I get that Trump is a big meanie. I really do

But what is working on the left?

I get you are against Trump but show me the policy that is a major win for American citizens

Literally one
 
sturg33 said:
What part of the democratic agenda/policy is working?
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It’s not? My stance remains the left and the right are bad at Economics and that government has been mostly useless the past decade or two. I’ve come around a bit on filibuster reform as a result of how bad the country has gotten at legislating. Why wouldn’t we be able to at least drop the threshold to say 55 votes in the Senate?
 
Do we get any feedback from business leaders how much easier trump has made doing business by slashing regulations or no?

How dare Trump focus efforts into ensuring other countries predetorial trade practices don’t go unpunished.
 
mqt said:
It’s not? My stance remains the left and the right are bad at Economics and that government has been mostly useless the past decade or two. I’ve come around a bit on filibuster reform as a result of how bad the country has gotten at legislating. Why wouldn’t we be able to at least drop the threshold to say 55 votes in the Senate?
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Not one is.

But just checking you are still voting blanket Dem even though not one single democrat tenet of the party is working ?
 
thethe said:
Do we get any feedback from business leaders how much easier trump has made doing business by slashing regulations or no?

How dare Trump focus efforts into ensuring other countries predetorial trade practices don’t go unpunished.
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I know grievance politics is a thang these days, but Trump has gotten a lot of credit from business leaders (and this board) for deregulation.
 
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